Paycor HCM (PYCR) Scheduled to Post Earnings on Wednesday

Paycor HCM (NASDAQ:PYCR) will announce its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Paycor HCM has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Investors interested in registering for the company’s conference call can do so using this link.

Paycor HCM (NASDAQ:PYCR) last issued its earnings results on Wednesday, February 7th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). The company had revenue of $159.54 million during the quarter, compared to analysts’ expectations of $155.49 million. Paycor HCM had a positive return on equity of 1.28% and a negative net margin of 13.82%. On average, analysts expect Paycor HCM to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Paycor HCM Trading Up 3.1 %

Shares of PYCR stock opened at $17.84 on Tuesday. Paycor HCM has a twelve month low of $16.48 and a twelve month high of $27.50. The stock has a market cap of $3.18 billion, a P/E ratio of -37.17, a P/E/G ratio of 5.87 and a beta of 0.54. The stock has a 50 day moving average of $18.77 and a 200 day moving average of $19.98.

Insider Activity at Paycor HCM

In other news, Director Jonathan Corr sold 1,508 shares of the company’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $18.30, for a total transaction of $27,596.40. Following the sale, the director now owns 18,480 shares of the company’s stock, valued at $338,184. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Alice L. Geene sold 1,577 shares of Paycor HCM stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $18.39, for a total value of $29,001.03. Following the completion of the transaction, the insider now owns 107,581 shares in the company, valued at approximately $1,978,414.59. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jonathan Corr sold 1,508 shares of the business’s stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $18.30, for a total value of $27,596.40. Following the transaction, the director now directly owns 18,480 shares of the company’s stock, valued at $338,184. The disclosure for this sale can be found here. Company insiders own 0.39% of the company’s stock.

Analyst Ratings Changes

PYCR has been the topic of a number of analyst reports. Needham & Company LLC restated a “buy” rating and set a $42.00 target price on shares of Paycor HCM in a research report on Thursday, April 25th. BTIG Research started coverage on Paycor HCM in a research report on Tuesday, February 6th. They issued a “buy” rating and a $26.00 price objective for the company. Eight equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Paycor HCM presently has a consensus rating of “Hold” and an average target price of $27.35.

Paycor HCM Company Profile

Paycor HCM, Inc, together with its subsidiaries, provides software-as-a-service (SaaS) human capital management (HCM) solutions for small and medium-sized businesses (SMBs) primarily in the United States. It offers cloud-native platform to address the comprehensive people management needs of SMB leaders.